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Producer Manufacturing

Topy Industries, Ltd.

Business Summary

Topy Industries, Ltd. engages in the manufacture and sale of steel products, and automotive and construction machinery components. It operates through the following business segments: Steel, Automotive and Industrial Machinery Components, Power Generation and Others. The Steel segment includes general steel, deformed bars, flat bars, mast rail sections for forklifts, and universal mill plates with grooves. The Automotive and Industrial Machinery Components segment produces wheels for automotive, industrial, and construction use, press products, fasteners for industrial use, and products for construction machinery. The Power Generation segment generates electricity through coal-powered facilities. The Others segment includes wholesale power supplies, indoor and outdoor sign systems, synthetic micas, crawler robots and management of real estate leases and construction. The company was founded in October 1921 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue271,178M2,413.20M
Gross Profit31,056M276.36M
Operating income-1,706M-15.18M
Income before tax1,790M15.92M
Net income387M3.44M
EBITDA11,193M99.60M
Diluted EPS16.580.14
Dividends Per Share200.17
Total Assets282,195M2,324.98M
Total liabilities168,488M1,388.16M
Total equity112,658M928.18M
Operating cash flow-5,528M-49.19M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 230,462M 286,227M 263,305M 225,121M 271,178M
Gross Profit 37,721M 42,119M 36,060M 26,803M 31,056M
Operating income 7,998M 7,506M 2,852M -2,943M -1,706M
Income before tax 7,933M 10,345M 1,741M 856M 1,790M
Net income 5,501M 7,114M -4,496M 579M 387M
EBITDA 18,597M 18,709M 15,308M 9,696M 11,193M
Diluted EPS 234.22 302.85 -191.41 24.66 16.58
Dividends Per Share 80 90 40 20 20
Total Assets 248,102M 284,198M 254,659M 264,672M 282,195M
Total liabilities 138,197M 171,830M 150,852M 156,281M 168,488M
Total equity 108,960M 111,305M 102,732M 107,428M 112,658M
Operating cash flow 10,780M 11,725M 16,206M 5,730M -5,528M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 2,079.37M 2,581.07M 2,421.73M 2,122.63M 2,413.20M
Gross Profit 340.34M 379.81M 331.66M 252.72M 276.36M
Operating income 72.16M 67.68M 26.23M -27.74M -15.18M
Income before tax 71.57M 93.28M 16.01M 8.07M 15.92M
Net income 49.63M 64.15M -41.35M 5.45M 3.44M
EBITDA 167.79M 168.70M 140.79M 91.42M 99.60M
Diluted EPS 2.11 2.73 -1.76 0.23 0.14
Dividends Per Share 0.72 0.81 0.36 0.18 0.17
Total Assets 2,332.88M 2,567.62M 2,358.93M 2,395.22M 2,324.98M
Total liabilities 1,299.45M 1,552.42M 1,397.35M 1,414.30M 1,388.16M
Total equity 1,024.54M 1,005.60M 951.61M 972.19M 928.18M
Operating cash flow 97.26M 105.73M 149.05M 54.02M -49.19M

Valuation Measures

Mar 2022
PER63.31
ROA0.14%
ROE0.35%
Operating margin-0.62%
Profit margin0.14%

Key executives

  • President, Representative Director & Head-Sales: Nobuhiko Takamatsu
  • Director, Executive Vice President & Head-Finance: Shinichi Kijima
  • Senior Managing Director & Head-Technology: Masayoshi Takezawa
  • Managing Executive Officer & Technology Manager: Masahiro Abe
  • Executive Officer & Manager-Internal Audit: Takanori Kawano

Shareholders

  • NIPPON STEEL CORP. (20.0%)
  • Topy Industries, Ltd. (5.0%)
  • Topy Fund Business Association (4.6%)
  • Mizuho Financial Group, Inc. (4.1%)
  • Meiji Yasuda Life Insurance Co. (4.0%)
  • Dimensional Fund Advisors LP (2.6%)
  • Topy Industries Employee Stock Ownership Plan (2.5%)
  • Nomura Asset Management Co., Ltd. (2.0%)
  • The Vanguard Group, Inc. (1.7%)
  • Resona Holdings, Inc. (1.7%)

Contact Details

  • Website:http://www.topy.co.jp
  • Address: Art Village Osaki Central Tower, 1-2-2 Osaki, Tokyo, 141-8634, Japan
  • Phone: +81.3.3493.0777

Related Companies

  • Topy Industries Board Incentive Plan
  • TEC-SAN Co. Ltd.
  • PT Topy Palingda Manufacturing Indonesia
  • Topy Enterprises (Dalian F.T.Z.) Co. Ltd.
  • PT Topy Undercarriage Indonesia
  • Topy Fasteners Vietnam Co. Ltd.
  • Topy MW Manufacturing Mexico S.A. DE C.V.
  • Tianjin Topy Machinery Co. Ltd.
  • Topy Undercarriage (China) Co., Ltd.
  • Qingdao Topy Machinery Co., Ltd.
  • Topy Industries Pension Fund
  • Fujian Topy Autoparts Ltd.
  • Kyushu Wheel Kogyo Ltd.
  • N.E. Tojitsu Ltd.
  • Autopia Co., Ltd. (Japan)
  • Topyrec Co. Ltd.
  • Akemi Recycle Center Corp.
  • Ring Techs Co., Ltd.
  • Tojitsu Ltd.
  • Topy Tekko KK
  • Akemi Electric Power Ltd.
  • Sanwa Buhin Co. Ltd.
  • Topy Marine TransportLtd
  • Topy FastenersLtd
  • Topy Agency Ltd.
  • Topy Fasteners Thailand Ltd.
  • Topy America, Inc.
  • Topy Marine Transport Ltd.
  • Topy Enterprises Ltd.
  • Yuan Shing Fujian Autoparts Co.

Competitors

  • Iochpe Maxion S.A.
  • thyssenkrupp AG
  • Titan International, Inc.
Last Updated on 16 Aug, 2022

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